Insurtech Akur8 acquires Slope Software to expand into life actuarial technology
Akur8 acquired Slope Software to enter life and annuity actuarial modeling, broadening its platform beyond P&C with cloud-native tools
InsurTech News
ZestyAI expands US insurer partnerships to sharpen property underwriting
ZestyAI partnered with Harford Mutual and AEIG to improve property-level underwriting, pricing precision, and portfolio risk management
Cytora launches Autopilot to automate insurance risk workflows
Cytora introduced Autopilot, an agentic AI capability built to automate underwriting and claims workflows across fragmented insurance data flows
Insurtech Azos raises $24 mn to expand AI push in Brazil life insurance
Azos secured R$125 mn ($24 mn) to scale AI tools and grow in Brazil’s individual life insurance market, where Bradesco and Prudential still dominate
Insurtech mShift launches Quantum AI to automate commercial insurance workflows
mShift introduced Quantum AI, a platform built to structure submissions, automate insurance workflows, and support underwriting across commercial lines
P&C insurers using AI outperform peers on profitability and growth
WTW survey shows North American insurers investing in AI and analytics achieve lower combined ratios and stronger premium growth
Insurtech Sure launches digital jewelry insurance platform with Jewelers Mutual
Insurtech Sure partners with Jewelers Mutual to launch scalable digital jewelry insurance with flexible coverage and global protection
Hippo partners with Progressive to expand homeowners insurance reach
Hippo teams up with Progressive to distribute homeowners insurance across eight US states, expanding reach through tech-driven underwriting
HSB launches AI liability insurance for SMEs amid rising legal risks
HSB introduces AI liability cover for SMEs, addressing gaps in general liability policies linked to AI-driven claims and exposures
Willis partners Qover to scale embedded insurance in UK affinity market
Willis teams with Qover to expand embedded insurance capabilities, combining APIs, analytics, and market access for UK businesses
Lloyd’s selects 12 insurtech startups for Lab Accelerator Cohort 16 after Pitch Day
Lloyd’s names 12 InsurTech startups for Cohort 16, focusing on efficiency, new products, and Ireland-led resilience themes
Steadily launches landlord insurance quoting inside ChatGPT
Steadily introduced a quoting tool available through the ChatGPT platform, allowing landlords to estimate insurance premiums for rental properties without leaving the AI interface
Insurance payments platform One Inc appoints fintech veteran Bryan Thompson as CTO
Insurance payments platform One Inc names Bryan Thompson CTO to lead technology strategy, platform development, and enterprise security
Fintech IuteBank exits bridge structure and resumes full operations in Ukraine
IuteBank, part of the Estonian-based Iute Group, has completed the transition period following the bridge bank process and will begin operating as a regular bank in the Ukrainian market
Encord raises €50 mn Series C as physical AI data demand surges
London-based Encord secures €50 mn to scale AI data infrastructure while Europe pours over €3 bn into models, compute and autonomy stacks
Delphyr raises €1.75 mn to scale AI agents for clinicians
Amsterdam startup Delphyr secures €1.75 mn to cut admin load for clinicians as EU funding in AI healthcare automation accelerates
ISAAC antisismica raised €14 mn for seismic damper tech
Italy’s ISAAC antisismica secures €14 mn to scale active mass damper systems protecting existing buildings from earthquakes without structural changes
Seraphim Space fund tops €84 mn target in oversubscribed close
Seraphim Space exceeds €84 mn early-stage fund target, backed by BBB and NSSIF, as European SpaceTech funding momentum continues
ARIA backs CommonAI with €18 mn for UK inference scaling
UK’s ARIA joins CommonAI with €18 mn grant to launch Scaling Inference Lab, boosting compute efficiency and AI infrastructure delivery
Lloyd’s digital platform Ki posts record 2025 profit as GMP tops $1.11 bn
Lloyd’s digital follow platform Ki reports 50% profit growth to $110.4m in 2025, with improved combined ratios and expanded capacity backing
McKinsey says AI could add $70 bn to insurance revenue
McKinsey outlines how AI, from predictive models to agent systems, is reshaping brokers, MGAs, TPAs and software, with $50 bn–$70 bn revenue upside
Insurtech General Magic raised $7.2 mn to cut insurance quote time
Toronto-based General Magic secures $7.2m seed round to deploy SMS AI agents that reduce insurance quote time from 30 minutes to under 3
Financial Conduct Authority sets 2026 insurance priorities, captive reform ahead in the UK
FCA launches first insurance Regulatory Priorities report, outlining captive reform plans, AI oversight and claims scrutiny for 2026
AI adoption rises to 82% as data protection risks persist: Gallagher
Gallagher survey finds 82% of businesses report positive AI impact, yet data protection, hallucinations and legal risk remain leading concerns.
Insurtech Kin lifts GWP 28% to $635 mn as renewal base expands
Insurtech Kin reports 28% GWP growth to $634.4 mn, rising renewal premiums and improved operating margin despite softer insurance market conditions
Agentic AI governance moves to board level as autonomy expands
Agentic AI systems introduce execution risk beyond model output, forcing enterprises to redesign governance, privilege controls and runtime oversight
Insurtech Titan Flood launches private residential flood program with Nationwide
Titan Flood, an AI-enabled flood insurance platform, has launched a private residential flood program in partnership with Nationwide E&S/Specialty
Are autonomous vehicles from companies such as Waymo and Tesla making roads safer? Insurance research
Are autonomous vehicles from companies such as Waymo and Tesla making roads safer? The insurance industry’s research community is watching closely, and the answer remains unsettled
Experian brings auto insurance marketplace to ChatGPT users
Experian launched the Experian Insurance Marketplace app inside ChatGPT, extending its insurance comparison platform into a conversational interface used by millions of consumers
Insurity expands billing-as-a-service for P&C insurers and MGAs
Insurity announced enhancements to its Billing-as-a-Service platform, stating the outsourced model now delivers a lower total cost than internally managed billing for property and casualty carriers
Stockholm startup Agaton raises $10 mn seed to scale AI voice analytics for sales
Startup Agaton emerged from stealth with $10 mn in total seed funding to expand its AI-driven voice analysis platform for enterprise sales teams
Flinn raises $20 mn to automate medtech compliance workflows
Vienna-based Flinn secured $20 mn in follow-on funding to expand its AI-driven regulatory and quality automation platform for medtech manufacturers
European regtech Copla raises €6 mn Series A to scale real-time compliance tech
Regtech startup Copla secured €6 mn in Series A funding to expand its real-time compliance infrastructure for regulated financial services
Berlin startup Cognee raised €7.5 mn to build structured memory for AI agents
Berlin startup Cognee secured €7.5 mn to expand its structured memory infrastructure for AI systems and autonomous agents
Healthtech Pontiro secured £357,5k to scale NHS imaging AI infrastructure
Pontiro raised £357,500 in a round led by SFC Capital, with participation from Plug and Play Ventures and the British Business Bank
Zurich startup Rapidata raised $8.5 mn to scale global AI feedback network
Rapidata, a Zurich-based AI infrastructure startup, secured $8.5 mn in seed funding to expand its human feedback infrastructure
Startup Hemi Health raised €4 mn seed to expand migraine care abroad
Frederiksberg-based Hemi Health secured €4 mn in seed financing to expand beyond Denmark, starting with the Netherlands
Proptech Lystio raises €500 k to scale AI real estate search in Austria
Vienna-based Lystio secured €500,000 to expand its AI-native property portal, with capital directed toward refining its search engine and extending AI-driven product features
Startup World Labs secures $1 bn to scale spatial AI models
World Labs raised $1 bn to advance spatial intelligence systems designed to generate and reason across immersive 3D environments
Fintech Vestwell raised $385 mn Series E to scale US savings tech
Vestwell, a digital savings platform, secured $385 mn in Series E financing, doubling its valuation and reinforcing its standing inside the US savings infrastructure market
Fintech Fluz launched embedded finance platform for software firms
Fintech Fluz entered embedded finance with the launch of Fluz Platform, opening its payments infrastructure to software companies seeking in-product financial services
FlashLabs rolls out FlashAI 2.0 enterprise voice AI
Enterprise voice platform targets latency, speech quality and deployment drag with proprietary stack and human escalation
Jump raises $80 mn Series B to expand AI for financial advisors
Jump, a US-based financial services AI company, closed an $80 mn Series B round led by Insight Partners, lifting total funding to $105 mn
Insurtech Kettle, RLI launch wildfire-focused commercial property cover
Kettle has formed a strategic partnership with RLI Corp. to launch a multi-peril commercial property product that includes dedicated wildfire coverage
Insurtech Qumis raises $4.3 mn seed to scale attorney-trained coverage AI
Commercial insurance platform backed by MTech Capital, American Family Ventures as total funding reaches $6.75mn
Gradient AI launched ClaimVector for workers’ comp claims benchmarking
Insurtech Gradient AI, a enterprise software provider of artificial intelligence solutions in the insurance industry, has introduced ClaimVector for Workers’ Compensation
Insurtech Policybazaar launches garage-backed motor plan with Watania Takaful
Policybazaar has introduced Watania Takaful – PB Auto Care Advantage (Pitstop P360), a comprehensive motor plan developed with Watania Takaful and Pitstop Automotive Services
Mistral AI acquires Koyeb to build full-stack AI cloud
Mistral AI has agreed to acquire Koyeb, marking its first acquisition and signaling a shift beyond model development into full-stack AI infrastructure
OSS Ventures raised $47.3 mn to scale in-house software startups
Paris-based OSS Ventures closed the first $47.3 mn for a new vehicle targeting $88.7 mn. The fund will provide follow-on capital to industrial software startups
Startup FYLD raises $41 mn Series B to scale AI for field operations
London-based FYLD, an AI-powered intelligence platform for the infrastructure sector, closed a $41 mn Series B round led by Energy Impact Partners
Startup SurrealDB raised $23 mn, launched v3.0 multi-model AI database
London-based SurrealDB secured a $23 mn extension to its Series A round and released version 3.0 of its multi-model database platform
Spanish Tuio launched first insurer-built AI app approved on ChatGPT
OpenAI has approved the first insurance provider-built AI application to operate inside ChatGPT, clearing the way for real-time insurance distribution within a conversational interface
Insurtech Carpe Data names Glenn Shapiro board chairman
Carpe Data appointed Glenn Shapiro as Chairman of its Board of Directors, adding a senior claims executive with more than three decades of experience at major US carriers
Lilypad Insurance adopts ZestyAI roof analytics for coastal underwriting
Insurtech ZestyAI said Lilypad Insurance is implementing its Roof Age and Z-PROPERTY solutions to sharpen property risk assessment
DQPro selects Hartford for US expansion with InsurTech Corridor support
London-based specialty data firm will build US operations in Connecticut, citing access to carriers and regulatory guidance
Comeryx launched AI-native MGA with $7.5 mn backing to automate E&S underwriting
Comeryx has launched as an AI-native managing general agent focused on small business risks and closed a $7.5 mn funding round
Insurtech Sixfold raised $30 mn Series B to scale GenAI Underwriter platform
Sixfold has secured $30 mn in Series B funding to expand its AI-driven underwriting platform. Brewer Lane led the round, with strategic backing from Guidewire
ZeroDrift raises $2 mn from a16z to automate finance compliance
ZeroDrift has launched with $2m in pre-seed funding led by a16z speedrun, positioning itself as a real-time compliance firewall for regulated industries
Insurtech Wrisk acquires Atto to expand embedded finance and credit intelligence
UK-based insurtech Wrisk has acquired Atto, a real-time financial intelligence platform, as it deepens embedded finance and protection capabilities
Admiral Group to acquire fleet insurtech Flock in £80 mn deal
Admiral Group has agreed to acquire Flock, a UK digital commercial fleet insurtech, in a transaction valuing Flock’s equity at £80 mn
Beinsure examines the latest global insurance brokerage market data for 2025-2026, financial results of the largest brokers, market concentration, M&A trends
UK M&A deal value reached £134.7 bn in H1 2026, up 125%, while volumes fell 12.6%. PwC reports growing investment concentration in financial services, AI and healthcare
Aerospace and defense M&A reached 532 deals in 2025, as business aviation attracts private equity, family offices, and growth investors
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities